Last: $2.73
Bill Ackman, David Einhorn, David Tepper, Jeffrey Gundlach and a bunch of other hotshot money managers are going to offer up an afternoon’s worth of potentially market-moving advice at the Sohn Investment Conference on Monday in Manhattan.
But, as the table detailing last year’s picks shows, you might want to think twice about jumping into a trade with both feet just because a money-manager gurus recommends it.
How stocks—and oil—performed since last year’s Sohn Investment Conference
| Picker | Stock (symbol) | Position | Cumulative change |
| Bill Ackman | Fannie Mae (FNMA) | Long | -31.9% |
| Freddie Mac (FMCC) | Long | -34.2% |
http://www.marketwatch.com/
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=fmcc&insttype=&freq=&show=
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